Core Viewpoint - The article highlights the significant achievements in China's high-quality business development during the "14th Five-Year Plan" period, emphasizing the strong contributions of consumption, foreign trade, and foreign investment to economic growth [2][3][4][10]. Consumption - Consumption has become a major driver of economic growth, contributing approximately 60% annually to GDP growth during the first four years of the "14th Five-Year Plan" [3][4]. - The total retail sales of consumer goods are expected to exceed 50 trillion yuan this year, with an average annual growth rate of 5.5% over the past four years [4]. - Service consumption has seen rapid growth, with an average annual increase of 9.6% from 2020 to 2024, while the quality of goods consumed is improving with a focus on smart and green products [5][6]. - New retail innovations and consumption models are emerging, such as "AI + consumption" and "IP + consumption," contributing to the growth of new consumption patterns [6]. Foreign Trade - China's goods trade has maintained its position as the largest in the world, with export and import market shares stable at over 14% and 10%, respectively [8][9]. - The service trade has also grown, with a scale that ranks second globally, surpassing 1 trillion USD for the first time last year [8]. - By 2024, high-tech product exports are projected to account for 18.2% of total goods trade, and cross-border e-commerce is expected to reach 2.7 trillion yuan, a 67% increase from 2020 [9]. - The diversification of trade partners is evident, with ASEAN being the largest trading partner for five consecutive years, and the trade proportion with Belt and Road countries exceeding 50% by 2024 [9]. Foreign Investment - China has achieved its foreign investment target of 700 billion USD six months ahead of schedule, with actual foreign investment reaching 708.73 billion USD by mid-2023 [10][11]. - The negative list for foreign investment has been continuously reduced, and all restrictions in the manufacturing sector have been eliminated, enhancing the investment environment [10][11]. - China is positioned as a major destination for exports from nearly 80 countries and regions, and has established 43 import trade promotion innovation demonstration zones [11].
全球第二大消费市场、出口份额稳超14%……商务部最新发声
券商中国·2025-07-18 13:07